The beloved PatrickHarnett pulled yet another classic scammer move, deleting your OP to cover up the month-over-month lies he used to post (something Pirate did too) why delete the financials that this community praised you for posting, saying that you were so open and honest about your borrowing program?
(any chance Joel Katz or Dooglus has the full list before he deleted?)
Here was the July 2012 claims, which are going to sorely contradict the current financial health of this scam:
July 2012 activity (updated 1 August 2012)
- 14 loans repaid (approx 7800BTC)
- 32 loans current (approx 8800 BTC)
- 66 deposits (total approx 15400)
- deposits repaid during the month (at call) >3600
Total liabilities (Deposits + other commitments) = 19,700
Total assets (cash, BTC, investments) = 37,100
Net assets 17,400BTC
This deletion mixed with the line of unpaid cashouts + all of the users staying silent or that haven't requested a cashout means that yet again, the writing is on the wall... yet again, another similar scam, and yet again another crop of shills, and yet again distributed pain to be felt in the BTC lending community.
Micon, leave Patrick alone. He is one of the honest ones - impeccably so - and has survived this crisis far better than most in the bitcoin lending world. If you want to help out, then do something that is actually useful instead of trolling.